Economics After the Crisis Objectives and Means
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Sprache:Englisch
Fr. 17.90
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Produktdetails
Format
ePUB
Kopierschutz
Ja
Family Sharing
Ja
Text-to-Speech
Ja
Erscheinungsdatum
23.03.2012
Verlag
Mit PressSeitenzahl
128 (Printausgabe)
Dateigröße
1047 KB
Sprache
Englisch
EAN
9780262300995
The global economic crisis of 20082009 seemed a crisis not just of economic performance but also of the system's underlying political ideology and economic theory. But a second Great Depression was averted, and the radical shift to New Deal-like economic policies predicted by some never took place. Perhaps the correct response to the crisis is simply careful management of the macroeconomic challenges as we recover, combined with reform of financial regulation to prevent a recurrence. In Economics After the Crisis, Adair Turner offers a strong counterargument to this somewhat complacent view. The crisis of 20082009, he writes, should prompt a wide set of challenges to economic and political assumptions and to economic theory.
Turner argues that more rapid growth should not be the overriding objective for rich developed countries, that inequality should concern us, that the pre-crisis confidence in financial markets as the means of pursuing objectives was profoundly misplaced.
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